Adani Enterprises denies wrongdoing in NCCF coal supply tender

Adani Enterprises has denied any wrongdoing in the 2010 NCCF coal supply tender, which was meant for the Andhra Pradesh Power Generation Company. The Central Bureau of Investigation (CBI) has booked Adani Enterprises and three senior officials of the National Cooperative Consumers’ Federation of India (NCCF) for rigging an imported coal supply tender to favour […]

CBI books Adani Enterprises and former officials of NCCF

The Central Bureau of Investigation (CBI) has booked Adani Enterprises and three senior officials of the National Cooperative Consumers’ Federation of India (NCCF) for rigging an imported coal supply tender to favour the company. The CBI has levied allegations of criminal conspiracy, cheating and criminal misconduct by public servants. Virender Singh, the then Chairman; GP […]

Cabinet removes end use restrictions for participating in coal mine auctions

The cabinet on Wednesday decided to do away with end use restrictions to participate in coal mine auctions. This is being viewed as a precursor for the commercial coal mining auctions that the centre plans to conduct soon. The cabinet also decided to automatically transfer environment and forest clearances for iron-ore mines being auctioned. These […]

Coal India’s allocation to power sector under e-auction drops 23 per cent in April-November 2019

State-owned Coal India (CIL) allocated 16.95 million tonnes (MT) of the dry fuel under special forward e-auction to the power sector in the April-November period of this fiscal, down 22.6 per cent over the year-ago period. Coal India (CIL) had allocated 21.91 million tonnes (MT) of coal in the April-November period of 2018-19, according to […]